Headlines
Hidden Downside to Big 2023 COLA Increase
How could there be a downside to the big 8.7% cost of living adjustment all Social Security recipients will get starting in 2023? Consider this: the 2023 COLA is an “after the fact” increase because you’ve already been paying highly…
What Does Social Security’s Future Look Like?
These days, there is no shortage of articles about Social Security, most of which lament the program’s current financial circumstances and feed into worries that future Americans may not be able to enjoy the fruits of paying into the program…
“Unretiring” Has Become an Option for Many Dealing With the Economy…But be Careful!
We’re in a pretty tough economy right now, and the outlook for the near term doesn’t look promising. As a result, and perhaps spurred on by the constant barrage of “help wanted” postings and cries of “worker shortages” we hear…
Envisioning and Defining Retirement
With all the financial and economic doom and gloom news, many retirees and pre-retirees are questioning their retirement plans. However, the media focuses on how to save for retirement, not how to spend in retirement. Jamie Hopkins uses the term…
Social Security retirement earnings test
The current economic conditions have many retirees thinking about returning to the workforce. First, you can get Social Security retirement or survivor benefits and work. However, if you’re younger than full retirement age and earn more than a specific dollar…
The real price tag to claiming Social Security too early
New research from economists at Boston University and the Federal Reserve Bank of Atlanta found many retirees are making a strategic mistake that can cost them tens of thousands of dollars in lifetime benefits by claiming their Social Security benefits…
The Social Security Expansion Act
The Social Security Expansion Act (H.R. 8005) was introduced on June 9th by U.S. Rep Peter DeFazio (D-Ore). The purpose of this bill is to enhance Social Security benefits and ensure the long-term solvency of the Social Security program. Among…
Re-thinking the Term “Retirement” and Its Impact on Social Security and Medicare
As we’ve pointed out frequently on this website, the tempo is beginning to increase in the media regarding–finally–a serious look at correcting Social Security’s long-term financial woes. Many pundits and news sources have begun to step up their coverage of…
Happy Thanksgiving from the Social Security Report Editorial Staff!
The staff here at the AMAC Foundation’s Social Security Report news desk wishes you a happy, healthy, and peaceful Thanksgiving Holiday! And, in the spirit of always delivering useful information, we’re including with today’s news a quick historical recap of…
A Summary of Bi-Partisan Suggestions for the Social Security Dilemma
As the calendar continues to advance toward commencement of the 118th Congress, we’re seeing an uptick in reports of potential changes that could be considered to address this thorny and complex problem. In a post today on wfmz.com, The Motley…